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a Alicia is a high school teacher who enjoys knitting. She knits scarves and sweaters and sells them in a local boutique. Alicia spends 10

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a Alicia is a high school teacher who enjoys knitting. She knits scarves and sweaters and sells them in a local boutique. Alicia spends 10 to 15 hours a week knitting the scarves and sweaters. Alicia had sales of $8,000 and expenses of $6,000 related to knitting and selling the goods. How would Alicia's income and expenses be reported on her tax return if her knitting activities were characterized as a hobby? of 2 13 19 Select one: a. Net Income from hobby $2,000 . b. Net Loss from hobby $2,000 c. Net Income from hobby $8,000 .d. Net Loss from hobby $0 .. None of the alternatives are correct 25 31 37 43 age Next page 49 Finish Time ! ullattempt photattempt8885628cmid=85841&page- MacBook Pro 80 DOO 000 F4 F5 F6 II # 3 $ SV 4 % 5 * 6 & 7 8 9 1 0 E R Y U C

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